3. Consider a pdf f so that a random variable X~ f has expected value E[X] = 3 and variance V[X] = 10. Now consider n = 10 i.i.d. random variables X1, X2,..., X10 drawn from f. Let X = 10 (a) What is E[X]? (b) What is VIX]? (c) What is the standard deviation of X? 10 ₁=1 Xi.

Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.2: Expected Value And Variance Of Continuous Random Variables
Problem 10E
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3. Consider a pdf f so that a random variable X~ f has expected value
E[X] = 3 and variance V[X] = 10. Now consider n = 10 i.i.d. random
variables X1, X2,..., X10 drawn from f. Let X =
10
(a) What is E[X]?
(b) What is VIX]?
(c) What is the standard deviation of X?
(d) Which is larger PX > 4] or P[X > 4]?
10
₁=1 Xi.
Transcribed Image Text:3. Consider a pdf f so that a random variable X~ f has expected value E[X] = 3 and variance V[X] = 10. Now consider n = 10 i.i.d. random variables X1, X2,..., X10 drawn from f. Let X = 10 (a) What is E[X]? (b) What is VIX]? (c) What is the standard deviation of X? (d) Which is larger PX > 4] or P[X > 4]? 10 ₁=1 Xi.
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